Income Statement, Statement of stockholders equity, and Balance Sheet

Viva Travel Service reported assets, liabilities, revenues and expenses for September 30, 20Y6 below. As of October 1, 20Y5, the beginning of the current year, Viva Travel Service reported retained earnings as $32,730, and common stock as $7,500. During the current year, dividends in the amount of $17,300 were paid.

Accounts payable	$11,400
Accounts receivable	76,050
Common stock	15,000
Cash	123,240
Fees earned	430,700
Miscellaneous expense	3,440
Rent expense	57,280
Supplies	5,310
Supplies expense	9,170
Utilities expense	34,370
Wages expense	163,670

Instructions:

1. Prepare an income statement for the current year ended September 30, 20Y6.

Viva Travel Service Income Statement For the Year Ended September 30, 20Y6

Accounts receivableCashCommon stockFees earnedWages expense		$- Select -
Operating expenses:
Accounts payableDividendsFees earnedSuppliesWages expense	$- Select -
Accounts payableAccounts receivableCommon stockFees earnedRent expense	- Select -
Accounts payableCashFees earnedSuppliesUtilities expense	- Select -
Accounts receivableDividendsFees earnedSupplies expenseSupplies	- Select -
Accounts payableAccounts receivableCashCommon stockMiscellaneous expense	- Select -
Total operating expenses		fill in the blank 4aa2c3f1801d037_13
Net incomeNet loss		$- Select -

2. Prepare a statement of stockholders' equity for the current year ended September 30, 20Y6. If an amount is zero, enter "0". Enter negative value for dividends.

Viva Travel Service Statement of Stockholders' Equity For the Year Ended September 30, 20Y6

	Common Stock	Retained Earnings	Total
Balances, Oct. 1, 20Y5	$fill in the blank 17a322ffe060fd8_1	$fill in the blank 17a322ffe060fd8_2	fill in the blank 17a322ffe060fd8_3
CashDecrease in cashIncrease in cashIssuance of common stockNet loss	- Select -	- Select -	- Select -
Accounts payableAccounts receivableCashNet incomeNet loss	- Select -	- Select -	- Select -
Accounts payableAccounts receivableCashDividendsNet loss	- Select -	- Select -	- Select -
Balances, Sept. 30, 20Y6	$fill in the blank 17a322ffe060fd8_16	$fill in the blank 17a322ffe060fd8_17	$fill in the blank 17a322ffe060fd8_18

3. Prepare a balance sheet as of September 30, 20Y6. When entering assets, enter them in order of liquidity.

Viva Travel Service Balance Sheet September 30, 20Y6

Assets
Accounts payableCommon stockCashFees earnedRetained earnings		$- Select -
Accounts payableAccounts receivableCommon stockFees earnedRetained earnings		- Select -
Accounts payableCommon stockFees earnedRetained earningsSupplies		- Select -
Total assets		$fill in the blank 80f260facfe7f9e_7
Liabilities
Accounts payableAccounts receivableCashRetained earningsTaxes expense		$- Select -
Stockholders' Equity
Accounts payableAccounts receivableCommon stockCashSupplies	$- Select -
Accounts payableAccounts receivableCashRetained earningsSupplies	- Select -
Total stockholders' equity		fill in the blank 80f260facfe7f9e_14
Total liabilities and stockholders' equity		$fill in the blank 80f260facfe7f9e_15